Wenzhou Yuanfei (China) Market Value
| 001222 Stock | 16.20 0.33 2.08% |
| Symbol | Wenzhou |
Wenzhou Yuanfei 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Wenzhou Yuanfei's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Wenzhou Yuanfei.
| 10/13/2024 |
| 12/12/2024 |
If you would invest 0.00 in Wenzhou Yuanfei on October 13, 2024 and sell it all today you would earn a total of 0.00 from holding Wenzhou Yuanfei Pet or generate 0.0% return on investment in Wenzhou Yuanfei over 60 days. Wenzhou Yuanfei is related to or competes with Nanjing Putian, Tianjin Realty, Kangyue Technology, Shenzhen Hifuture, Shenzhen Changfang, Shenyang Huitian, and Jiangsu Xinning. Wenzhou Yuanfei is entity of China. It is traded as Stock on SHE exchange. More
Wenzhou Yuanfei Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Wenzhou Yuanfei's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Wenzhou Yuanfei Pet upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.31 | |||
| Information Ratio | 0.1632 | |||
| Maximum Drawdown | 20.03 | |||
| Value At Risk | (5.01) | |||
| Potential Upside | 8.17 |
Wenzhou Yuanfei Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wenzhou Yuanfei's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wenzhou Yuanfei's standard deviation. In reality, there are many statistical measures that can use Wenzhou Yuanfei historical prices to predict the future Wenzhou Yuanfei's volatility.| Risk Adjusted Performance | 0.1507 | |||
| Jensen Alpha | 0.6983 | |||
| Total Risk Alpha | 0.1314 | |||
| Sortino Ratio | 0.1783 | |||
| Treynor Ratio | 13.42 |
Wenzhou Yuanfei Pet Backtested Returns
Wenzhou Yuanfei appears to be somewhat reliable, given 3 months investment horizon. Wenzhou Yuanfei Pet shows Sharpe Ratio of 0.24, which attests that the company had a 0.24% return per unit of risk over the last 3 months. By examining Wenzhou Yuanfei's technical indicators, you can evaluate if the expected return of 0.91% is justified by implied risk. Please utilize Wenzhou Yuanfei's Market Risk Adjusted Performance of 13.43, mean deviation of 2.43, and Downside Deviation of 3.31 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Wenzhou Yuanfei holds a performance score of 18. The firm maintains a market beta of 0.0525, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Wenzhou Yuanfei's returns are expected to increase less than the market. However, during the bear market, the loss of holding Wenzhou Yuanfei is expected to be smaller as well. Please check Wenzhou Yuanfei's semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and information ratio , to make a quick decision on whether Wenzhou Yuanfei's historical returns will revert.
Auto-correlation | 0.58 |
Modest predictability
Wenzhou Yuanfei Pet has modest predictability. Overlapping area represents the amount of predictability between Wenzhou Yuanfei time series from 13th of October 2024 to 12th of November 2024 and 12th of November 2024 to 12th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Wenzhou Yuanfei Pet price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current Wenzhou Yuanfei price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.58 | |
| Spearman Rank Test | 0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 2.21 |
Wenzhou Yuanfei Pet lagged returns against current returns
Autocorrelation, which is Wenzhou Yuanfei stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Wenzhou Yuanfei's stock expected returns. We can calculate the autocorrelation of Wenzhou Yuanfei returns to help us make a trade decision. For example, suppose you find that Wenzhou Yuanfei has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Wenzhou Yuanfei regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Wenzhou Yuanfei stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wenzhou Yuanfei stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wenzhou Yuanfei stock over time.
Current vs Lagged Prices |
| Timeline |
Wenzhou Yuanfei Lagged Returns
When evaluating Wenzhou Yuanfei's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wenzhou Yuanfei stock have on its future price. Wenzhou Yuanfei autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Wenzhou Yuanfei autocorrelation shows the relationship between Wenzhou Yuanfei stock current value and its past values and can show if there is a momentum factor associated with investing in Wenzhou Yuanfei Pet.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Wenzhou Stock
Wenzhou Yuanfei financial ratios help investors to determine whether Wenzhou Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Wenzhou with respect to the benefits of owning Wenzhou Yuanfei security.